Finance

RBNZ says NZ financial system remains robust

Staff reporters
Wed, 04 May 2022

RBNZ says NZ financial system remains robust
Governor Adrian Orr said the pandemic and war are significant challenges. (Image: Getty)
Staff reporters
Wed, 04 May 2022
The Reserve Bank of New Zealand remains confident NZ's financial system is resilient "to a range of potential outcomes" amid the Ukraine war, continued supply-chain disruption and rising global inflation.“The combination of a global pandemic and war is a significant challenge, but we are confident that the New Zealand financial system is resilient to a range of potential outcomes,” said Reserve Bank of NZ (RBNZ) governor Adrian Orr."Globally, the covid-19 pandemic continues to pose complex economic and financial c...

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